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Whenever price falls below the equilibrium price, it must be the case that (2 points) 0 a surplus will exist 0 price elasticity of supply
Whenever price falls below the equilibrium price, it must be the case that (2 points) 0 a surplus will exist 0 price elasticity of supply will increase 0 price elasticity of demand will decrease 0 quantity supplied will be less than quantity demanded O quantity supplied will be greater than quantity demanded
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